DECIPHERING AUTO INSURANCE POLICY TERMS

Sometimes reading an insurance policy is like deciphering a foreign language. Sure, there are a few words and phrases you understand, but for the most part it is not completely understandable. As auto insurance is as ubiquitous as (mostly) cars on the road, that particular coverage is especially important to comprehend. If you are a…

BASIC HOMEOWNERS INSURANCE TERMS TO KNOW

Everyone should be at least semi-familiar with the terms of their insurance policies. After you make a claim (and that claim is possibly denied) is too late to fully understand your coverage. While many insurance terms are used across different policies, some are unique to particular coverages. Take homeowners insurance for example. There are a…

BODILY INJURY: WHAT DOES IT MEAN?

Bodily injury coverage can help pay for medical expenses and funeral costs to somebody who is hurt in an accident you cause. Bodily injury coverage does not pay for your own injuries. Additionally, bodily injury coverage can help pay for long-term nursing care, lost income from time off work, and “pain and suffering.” Bodily injury…

BEWARE OF FLOOD-DAMAGED USED CARS

After a flood, there is usually a subsequent flood of used cars on the market. Get rich quick hucksters will buy up water damaged vehicles, clean them up and hope the unsuspecting buyer doesn’t find out anything. The real pros will re-title the vehicle to hide there tracks even better. So what’s a prospective used…